Indonesia

Monit, Indonesia’s leading spend management platform, has raised $2.5 million in a funding round led by Cento Ventures, with strategic participation from Sansan, a Japanese leader in business to business (B2B) digital transformation.

Vietnamese automaker VinFast has officially entered into a pivotal financial partnership with PT Bank Central Asia Tbk. (BCA), one of Indonesia's leading private banks.

Indosat Ooredoo Hutchison announced Wednesday that SheHacks 2025, a program aimed at empowering Indonesian women with digital skills and closing the gender gap in technology and digital entrepreneurship, has already recorded over 17,000 women participants this year, with registration set to close on June 30.

Singapore-based fintech firm Seedflex Technologies announced Wednesday that it is now officially registered with Indonesian financial services authority Otoritas Jasa Keuangan (OJK) as a provider of aggregated information for financial products and services.

Badan Pengelola Investasi Daya Anagata Nusantara (Danantara Indonesia) and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) are to launch Russia-Indonesia Investment Platform (RIDNIP) with up to €2 billion ($2.3 billion) of capital to implement investments in Indonesia and Russia and promote the economic cooperation between…

BDx Indonesia, a subsidiary of BDx Data Centers has signed a power purchase agreement with PT PLN (Persero), Indonesia’s national electric power distributor, supply 30 MVA of electricity.

EDGNEX Data Centers by DAMAC, a global digital infrastructure company backed by the DAMAC Group, a global conglomerate headquartered in Dubai, announced Tuesday the development of a next-generation artificial intelligence (AI)-powered data center in Jakarta, Indonesia, its second in the market.

Indonesia Investment Authority (INA) has announced the appointment of Andry Setiawan and Christopher Ganis as Chief Investment Officers.

Erajaya Digital, a telecommunications subsidiary of Indonesia-based Erajaya Group, has officially launched a new device protection program through a strategic collaboration with bolttech, a Singapore-based provider of embedded protection solutions.

Grab has held on-and-off talks with GoTo for years, according to earlier media reports. But a merger never materialized, partially due to antitrust concerns likely to arise from combining Southeast Asia’s two dominant ride-hailing and food-delivery groups.